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20130115
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Search Results 0 to 4 of about 5 (some duplicates have been removed)
momentarily. a day after president obama told congress to raise the debt ceiling without delay, we are getting a similar warn from this leading credit rating agencies. reporting that fail tower increase the debt limit in time could cost the country's credit rating. s&p stripped the u.s. of its triple-a rating after the disaster over the debt in 2011. members of congress are asking for spending cuts to go along with the increase in the borrowing authority. but the president insists they are two separate issues. what is happening in washington, d.c.? >> reporter: house speaker john boehner says the american do not support raising the debt ceiling without cutting spending at the same time. boehner calls the debt an anchor on our economy. here's the leading senate republican, making his point. >> it's sort of like you have a kid who exceeds the credit card limit. you tear up the credit card, but you look at the spending. the republicans are willing to pay for past bills. these are about future bills. the president is missing the point that we are on an unsustainable path. >> reporter: portman ackn
, there will be a vote in the house of representatives, the republicans want there to an votes on the debt ceiling and delaying or expanding the debt ceiling and giving lip to 9 debt ceil for another two or flee months. we will be back in the thick of things in a few minutes but today we catch our breath. >>shepard: a lot of breath capping to be done. john bussey live with us from the "wall street journal" and steve, over to you, steve. well, steve is otherwise engaged i am now told. back to evan, presidential historian and live with us from new york, the president just got back into the limousine and will come to the reviewing stand behind us. i guess this is an important day for us to remember who it is we are and what we espouse to be and send a message to the world but more than anything, isn't this good for the kids on martin luther king jr. day to have the african-american president coming for his second inauguration? there is hope for a lot of people wrapped up in this man who may not have had hope before. >> there is hope for a lot of people wrapped up in this man. the constitution talked
to speak to president obama about the debt ceiling and possible default. president obama says the same about him. there's not just a difference about this, all the money, pomp and circumstances, people don't feel like celebrating. there's a weariness and it's bipartisan but people do it bass it's one of our rituals that demands we come together and show the world we are the greatest democracy and we are unified in these moments for a reason. >> so, it's happy face for a day. >> you mentioned his first inaugural with all the soaring rhetoric and the promises of hope and aspirations, going to transcend the petty partisanship , usher in transparency, remake politics. arguably it didn't happen. what really can he say? >> it's going to be very difficult for him to come up with an address that really changes people's opinion about the state we're in or the direction of his second term. it's going to be hard to inspire. he'll probably go long. i don't think re'll follow abraham lincoln and just use 705 words, but he'll take credit, certainly, for some of the things he has done but it's going
Search Results 0 to 4 of about 5 (some duplicates have been removed)